Makes supplemental appropriation of $35 million to "Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund."
This bill appropriates an additional $35 million from the state's General Fund to the Urban and Rural Centers Unsafe Buildings Demolition Revolving Loan Fund, established under P.L.1997, c.125. The fund provides low-cost loans to New Jersey municipalities for demolishing unsafe buildings in urban and rural centers. Repaid loans replenish the fund, allowing it to support future demolition projects without new appropriations. This directly assists local governments in addressing hazardous building conditions through a revolving financial mechanism.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
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Full legislative history
Actions timeline
Total actions
1
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0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Community Development and Women's Affairs Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Verlina Reynolds-Jackson
DDemocratic
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